Written by ForexBrokers.com
In this head to head comparison of IG vs Eightcap, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
IG vs Eightcap: IG was founded in 1974 and is publicly traded and a bank, while Eightcap, founded in 2009, is privately held and not a bank. Both serve global traders, but their corporate setups differ, which can matter for transparency and oversight.
On regulation, IG holds 8 Tier-1 licenses and 2 Tier-2 licenses, whereas Eightcap holds 3 Tier-1 and 1 Tier-2. ForexBrokers.com rates IG at 99/99 (highly trusted; 90–99), and Eightcap at 87/99 (trusted; 80–89). For context, 70–79 is average risk, 60–69 high risk, and under 59 should not be trusted. Based on these ratings and licenses, IG has the stronger regulatory profile.
| Feature |
IG
|
Eightcap
|
|---|---|---|
| Year Founded | 1974 | 2009 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 8 | 3 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
When comparing IG vs Eightcap for commissions and fees, both brokers offer competitive pricing, but IG stands out more for active traders and larger orders. IG is rated 5 stars and ranked #7 out of 36 for Commissions and Fees by ForexBrokers.com. Its Forex Direct DMA account uses commission-based pricing with average EUR/USD spreads of about 0.62 pips, which works out to an estimated all-in cost of around 0.82 pips after commission. IG also offers CFD pricing that is fairly close to the industry average, plus volume-based rebates for high-trade professionals that can lower costs even further.
Eightcap is also competitively priced, especially on its Raw account, but it is a bit less favorable overall than IG in this category. Eightcap is rated 4.5 stars and ranked #20 out of 36. Its Raw account shows very tight average spreads of 0.06 pips, but once the $3.50 per-side commission is added, the all-in cost comes to about 0.76 pips, which is slightly below the industry average but not quite as strong as the lowest-cost brokers.
In simple terms, IG is the better pick if you want more ways to reduce trading costs, especially as your volume grows, while Eightcap still offers reasonable pricing for everyday forex trading. If commissions and fees are your main concern, IG has the edge overall thanks to its stronger rating, higher ranking, and better options for active traders.
| Feature |
IG
|
Eightcap
|
|---|---|---|
| Minimum Deposit | £1 | $100 |
| Average spread (EUR/USD) - Standard account | 0.91 | 1.0 |
| All-in Cost EUR/USD - Active | 0.82 | 0.76 |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
IG offers a wider range of investments than Eightcap, making it a stronger choice for traders who want more market access. Both brokers support forex trading as a CFD or spot contract, but IG lists 19,537 tradeable symbols and 97 forex pairs, compared with Eightcap’s 803 symbols and 55 forex pairs. IG also lets clients buy real shares on both U.S. and international exchanges, while Eightcap does not offer exchange traded securities. In addition, IG allows the purchase of actual cryptocurrency as well as crypto CFDs, whereas Eightcap offers only crypto CFDs.
Eightcap does stand out in one area: it supports copy trading, which IG does not. Still, when it comes to overall range of investments, IG earns a 5-star rating and ranks #4 out of 36 brokers at ForexBrokers.com, while Eightcap is rated 3.5 stars and ranked #29. For investors looking for more choice across shares, forex, and crypto, IG has the broader offering.
| Feature |
IG
|
Eightcap
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 19537 | 803 |
| Forex Pairs (Total) | 97 | 55 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | No | Yes |
| Cryptocurrency (Underlying) | Yes | No |
| Cryptocurrency (CFDs) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
IG and Eightcap both give traders a wide choice of platforms, including free demo accounts, Windows desktop apps, web-based trading, and access to MetaTrader 4 and MetaTrader 5. Each broker also lets you trade straight from a price chart, which can make order entry quicker and easier. In this area, both brokers cover the main needs of everyday traders who want flexible ways to access the markets.
The key difference is that IG offers its own in-house platform, while Eightcap does not. Eightcap does, however, support copy trading, which IG does not offer. Based on ForexBrokers.com, IG holds a 5-star rating and ranks #1 out of 36 brokers for trading platforms and tools, while Eightcap has a 4-star rating and ranks #31, making IG the stronger choice overall for platform quality and tools.
| Feature |
IG
|
Eightcap
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 33 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
IG and Eightcap both make mobile trading easy, with iPhone and Android apps, price alerts, and watchlist syncing so changes stay matched between your phone app and online account. Each app also lets you draw trendlines on charts and automatically saves those drawings, which is helpful if you switch between devices. For charting tools, IG offers 33 technical studies in its mobile app, while Eightcap offers 30, giving IG a slight edge for traders who want a bit more chart detail on the go.
When it comes to overall mobile app quality, IG stands out more clearly. It earns a 5-star rating for Mobile Trading Apps and ranks #1 out of 36 brokers at ForexBrokers.com, while Eightcap is rated 4 stars and ranks #31. In simple terms, both brokers cover the basics well, but IG offers a more polished mobile trading experience and a wider set of charting tools.
| Feature |
IG
|
Eightcap
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 33 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, IG has the edge over Eightcap. Both brokers offer daily market commentary, a sentiment tool, Acuity Trading research, and an economic calendar, so traders get a solid base of daily updates and market timing ideas either way. But IG goes further with forex news from major outlets like Bloomberg, Reuters, and Dow Jones, plus Autochartist and TipRanks, which can give traders more depth when looking for trade ideas and market signals. IG is also rated 5 stars for Research and ranks #2 out of 36 brokers at ForexBrokers.com.
Eightcap still covers the basics well, with daily commentary, sentiment data, Acuity Trading tools, and an economic calendar, but it lacks the extra research sources and tools that help IG stand out. It does not offer top-tier forex news, Autochartist, or TipRanks, and it is rated 3.5 stars for Research, ranking #33 out of 36 brokers. For traders who want more market insight and a wider set of research tools, IG is the stronger choice overall.
| Feature |
IG
|
Eightcap
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| Trading Central | No | No |
| Client sentiment data | Yes | Yes |
| TipRanks | Yes | No |
| Acuity Trading | Yes | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing IG vs Eightcap for beginner education, IG comes out ahead overall. Both online brokers offer forex and CFDs learning materials, including at least 10 pieces focused on these trading topics, and each provides online educational client webinars at least once a month. They also both have at least 10 beginner trading videos, so new traders can find helpful content on either platform.
Where IG pulls further ahead is in its range for more experienced traders. IG offers at least 10 advanced educational videos, while Eightcap does not meet that mark. That stronger learning library is reflected in the ratings too: IG scores 5 stars for Education and ranks #7 out of 36 brokers, while Eightcap holds a 3.5-star Education rating and ranks #31 out of 36. For beginners who want more room to grow, IG is the stronger choice for educational support.
| Feature |
IG
|
Eightcap
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that IG is better than Eightcap. IG finished with an overall rank of #1, while Eightcap finished with an overall rank of #30.
IG offers the ultimate comprehensive trading package, featuring excellent trading and research tools, industry-leading education, and an extensive range of tradeable markets.
| Feature |
IG
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Eightcap
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|---|---|---|
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| Trust Score | 99 | 87 |
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IG vs Eightcap: IG supports buying actual (delivered) cryptocurrencies as well as trading cryptocurrency CFDs, whereas Eightcap offers only cryptocurrency CFDs and does not support purchasing delivered crypto.
IG vs Eightcap: both brokers support bank wire transfers and PayPal for deposits and withdrawals, IG also offers ACH/SEPA but not Skrill, while Eightcap supports Skrill but not ACH/SEPA; Visa/Mastercard availability is not specified for either.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | IG | Eightcap | |
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| Trust Score | 99 | 87 | |
| Winner | check_circle | ||
| Review | IG Review | Eightcap Review |
| Broker Screenshots | IG | Eightcap | |
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| Regulation | IG | Eightcap | |
|---|---|---|---|
| Trust Score | 99 | 87 | |
| Year Founded | 1974 | 2009 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 8 | 3 | |
| Tier-2 Licenses | 2 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | IG | Eightcap | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | Yes | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | IG | Eightcap | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | IG | Eightcap | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 19537 | 803 | |
| Forex Pairs (Total) | 97 | 55 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | No | Yes | |
| Cryptocurrency (Underlying) | Yes | No | |
| Cryptocurrency (CFDs) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | IG | Eightcap | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.91 | 1.0 | |
| All-in Cost EUR/USD - Active | 0.82 | 0.76 | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | IG | Eightcap | |
|---|---|---|---|
| Minimum Deposit | £1 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | IG | Eightcap | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | IG | Eightcap | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 33 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | IG | Eightcap | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 33 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | IG | Eightcap | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central | No | No | |
| TipRanks | Yes | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | IG | Eightcap | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | IG | Eightcap | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | IG Review | Eightcap Review |
| Overall | IG | Eightcap | |
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| Trust Score | 99 | 87 | |
| Winner | check_circle | ||
| Review | IG Review | Eightcap Review |
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